By Glen Hallick
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.
- Hopes for a peace deal to end the Russia-Ukraine war are not dead yet, according to reports on Wednesday. This is despite Russia’s accusation that Ukraine launched a drone attack this week in hopes of killing President Vladimir Putin. Another of the major stumbling blocks has been United States President Donald Trump insisting Ukraine give up territory currently occupied by Russia that includes its industrial heartland. Ukrainian President Volodymyr Zelenskyy is scheduled to meet with European leaders on Jan. 6.
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By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada…
- The S&P 500 is likely to see its third consecutive yearly increase as 2025 wraps up, CNN reported on Wednesday. The stock market is poised to see a 17 per cent increase this year. This would follow gains of 23 per cent last year and 24 per cent in 2023. The ongoing upswing comes during a year that saw a wide array of tariffs imposed by the Trump administration, the longest ever U.S. government shutdown, and major geopolitical issues.
- The Chinese military wrapped three days of exercises on Wednesday that surrounding Taiwan. Called ‘Justice Mission-2025,’ it included live-fire drills with some rockets allegedly landing near Taiwanese territorial waters. China’s show of force was to intimidate Taiwan while further straining relations with the U.S.
- The U.S. Department of Agriculture issued its export sales report on Wednesday, for the week ended Dec. 18, with 2025/26 soybean sales of 987,000 tonnes coming up short of trade expectations. Export sales for 2025/26 corn of 2.2 million tonnes exceeded market projections, while wheat came in at 147,800 tonnes and within trade guesses.
- The grain markets will close at their regular times on Wednesday for New Year’s. They will remain closed until Friday at 8:30 a.m. CST.
